An ever growing middle class population and rising income levels, combined with the demographic change of smaller household sizes has boosted demand for retail credit. There may exist meaningful inter-linkages among economic indicators and personal finance growth such that the variation in the...

Mr. Ramesh a customer of HDFC Bank read in the newspaper The Times of India on 2nd August 2017 about the repo rate was reduced by the Reserve bank of India, from 625 Basis Points (BP) to 600 basis Points (BP). The newspaper on 2nd August 2017 also mentioned that all banks were expected to follow...

The growing relative size and increased volatility of retail portfolios areattracting increased attention from banks' risk managers and regulators.The correlation due to the defaults of retail assets over time has been ofconsiderable interest to retail bankers. Default correlation is...